Latest Energy Markets News

Meridian Energy has received final approval to ease access restrictions on Lake Pūkaki hydro storage for three years, reducing dry-year risk and enhancing supply security through to Winter 2028.

Tasmea has completed its acquisition of Maxim Group, significantly expanding its electrical services footprint and positioning the segment to contribute more than half of FY27 earnings guidance.

Lakes Blue Energy is positioning its Wombat Gas Project as a key contributor to Victoria's energy security and emerging AI infrastructure, with a conceptual study projecting a post-tax NPV10 of A$605 million and first gas in early 2029.

Livium is positioning its Envirostream subsidiary to capitalise on the growing battery recycling needs from Australia's booming AI data centre sector, leveraging its EPA-licensed facilities and national network.

Echelon Resources has secured a three-year extension to its gas supply agreement with Genesis Energy, underpinning continued sales of Kupe gas at market-linked prices and supporting New Zealand’s domestic energy needs.

Tasmea Limited is set to acquire JPS Group for up to A$75 million, securing a foothold in Australia’s growing LNG and energy infrastructure sectors with a Tier-1 client base and a unique tech-enabled isolation technology.

ADX Energy’s HOCH-1 well in Upper Austria has delivered a stable, water-free gas flow rate of 2.7 million cubic feet per day over an 11-hour test, confirming commercial potential from the first tested zone amid ongoing multi-interval testing.

APA Group projects a final distribution of 30.5 cents per security for the six months ending June 2026, marking a modest 1.7% increase over the prior year and maintaining full-year guidance.

Vintage Energy has locked in $5 million in South Australian government grants to co-fund drilling two new gas wells, aiming to boost output from the Southern Flank projects in the Cooper Basin.

1414 Degrees has cleared a key technical hurdle at its Aurora Energy Precinct in South Australia, moving its Stage 1 battery storage project into commercial transmission negotiations amid strong interest from major data centre players.

AXP Energy has struck a farm-in deal to earn a 25% interest in Block 9, a prolific onshore Syrian oil and gas contract with substantial historical prospective resources, positioning the company amid a reopening Middle East energy market.

Strike Energy’s South Erregulla Power Station has completed major construction and started commissioning, advancing toward its October 2026 target for commercial operation.